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Big news for 🇮🇳 Indian Crypto Community 🚨 ✅ Binance will register with FIU India ✅ Binance will also be pay Penalty for PMLA violations 💰 🤔How much penalty ? - Amount is not disclosed yet. The $2 million fine posted by everyone is NOT correct and is just a guess. - Penalty if levied, it will be posted on FIU India website. Do you think this is good news? Give your thoughts on the poll below 👇

Big news for 🇮🇳 Indian Crypto Community 🚨

✅ Binance will register with FIU India

✅ Binance will also be pay Penalty for PMLA violations 💰

🤔How much penalty ?

- Amount is not disclosed yet. The $2 million fine posted by everyone is NOT correct and is just a guess.

- Penalty if levied, it will be posted on FIU India website.

Do you think this is good news?

Give your thoughts on the poll below 👇

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🚫🚫 SPAM: HOW IT WORKS ⚙️⚙️ The SPAM system has two components: 🔗 An onchain mechanism to track user transactions, calculate rewards per user, and let users mint $SPAM in proportion to the number of txs they sent. 🌐 A web miner for users to easily send lots of transactions automatically, as well as mint and claim $SPAM coins. Let's dig in at different levels of analysis: 👶 ELI5 👶 - One billion $SPAM coins are minted every day. - Users earn $SPAM by sending $SUI transactions. - The more txs you send, the more $SPAM you receive. - There is no proof of work, only proof of spam. 🕹️ MECHANISM 🕹️ A Sui "epoch" is roughly equivalent to 1 day. Users send txs to increase their tx counters during epoch N, register their tx counters during epoch N+1, and mint $SPAM anytime from epoch N+2 based on the spamming they did in epoch N: - Epoch 0: user spams UserCounter.0 (UC.0) - Epoch 1: user spams UC.1, registers UC.0 - Epoch 2: user spams UC.2, registers UC.1, claims UC.0 - Epoch 3: user spams UC.3, registers UC.2, claims UC.1 - And so on 🛠️ IMPLEMENTATION 🛠️ - Single-writer `UserCounter` objects are used to track the number of txs sent by each user within one epoch. - When that epoch ends, the user registers their `UserCounter` in a shared object, so that the total number of txs in the previous epoch can be calculated. - After that next epoch (registration period) ends, users can mint $SPAM coins in proportion to the number of txs they sent.
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$SUI SwitchOnSui
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A trader made $2.1M just by investing $1250 That is more than 172900% profit 🔥 Spotted $SC token 5 hours after opening trading and invested 6.6 $SOL to buy 33.6M $SC. When the gain exceeded 1000x, the trader only sold 4.6M $SC for 768 $SOL($145K) Currently holds 29M $SC, now worth $2M.
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Unbelievable!😱 This guy made 51,112 $SOL ($8.9M) in less than 1 hour! He spent 6K $SOL($1.04M) to buy 292.16M $SHROOM in the same block where #Shroom deployer added liquidity. Then sold it for 57,112 $SOL($9.93M) within an hour. Made 51,112 $SOL($8.9M) in less than 1 hour! #HotTrends #BOME
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𝐋𝐢𝐪𝐮𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐀𝐥𝐞𝐫𝐭 🚨🚨 $1,220,000,000 worth of shorts will be liquidated if $BTC hits $63,000. Also, $4,350,000,000 worth of shorts will be liquidated if BTC hits $51,000. 📌 Note: Last time there were more liquidations to the upside, so #BTC pumped This time there is more liquidation to the downside, so whales can cause forced liquidations, especially of those late greedy longs
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